27, NEW BANK STREET, WORCESTER, WR3 8AN - £278,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 NEW BANK STREET is a very small terraced house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £284,542. It was last sold for £278,500 in October 2022, which was around 23% above the average October 2022 terraced price in the Worcester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

27 NEW BANK STREET Sold Prices

Land registry data shows three sales for 27 NEW BANK STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Worcester local authority area for the corresponding sale date. All of the three 27 NEW BANK STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 7 OCT	£278,500	£225,912	23% above HPI
2018 27 JUL	£200,000	£176,090	14% above HPI
2009 30 OCT	£157,500	£134,015	18% above HPI

27 NEW BANK STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Worcester local authority area over time, sourced from the HPI. The three 27 NEW BANK STREET sales between October 2009 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 27 NEW BANK STREET be worth now?

27 NEW BANK STREET might now be worth an estimated £284,542.

This is based on house price inflation of 2.2%, between October 2022 and July 2025, for terraced houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 27 NEW BANK STREET of £278,500 on 7th October 2022. For the value to have increased from £278,500 to £284,542 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 27 NEW BANK STREET has moved in line with the HPI for terraced houses in the Worcester local authority area.
• The October 2022 sale price of £278,500 represented a fair market value for the property.
• The size, condition, and specification of 27 NEW BANK STREET has not materially changed since October 2022.

How Large is 27 NEW BANK STREET?

27 NEW BANK STREET is 65m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of terraced houses houses in Worcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Worcester, and where 27 NEW BANK STREET lies on this distribution: 4% of terraced houses houses are smaller than 27 NEW BANK STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Worcester.

27 NEW BANK STREET: Plot and Title Map

27 NEW BANK STREET sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 27 NEW BANK STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 NEW BANK STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 27 NEW BANK STREET?

27 NEW BANK STREET is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 27 on NEW BANK STREET.